Hasn't the Cyprus debacle been informative. Everyone finger pointing trying to implicate each other. Nobody wanting to say they tried bullyin Cyprus instead it was an experiment on whether contagion spreads when the country is differentiated enough and sure aren't they Russian mobsters anyhow.
Its typical of what we've heard for years now. You the individual are entirely responsible.
We know the Spanish are responsible because they are feckless and corrupt spendthrifts who wasted good money on a huge housing boom and spent recklessly even if they generally didn't run deficits and had low debt to GDB. They and they alone are responsible. 5 million unemployed - sure that's their own making
We know our fine leader Enda Kenny feels that the Irish and the Irish alone are responsible for the crisis. He even went to Davos and told the World economic forum that "What happened in our country was that people simply went mad borrowing." Old Paddy lost the run of himself as Enda might say. Over 14% unemployment with no chance of it going down. That's you call Padraig you made that bed.
Those feckless Greeks well sure they lied about their banks, nobody pays taxes and its all a mess. 26% unemployment. Serves your right Stavros you should have been like our German friends
The Portuguese never adapted to living in a democracy, have no idea about running an effective economy and seem reluctant to really implement austerity and win over confidence.
The Cypriots are Russian mafia pawns - nobody to blame but themselves. You can break the law with people who know no rule of law.
The Italians are on the list as well - political comedians. They and they alone are responsible for a situation where 1000 businesses a day are failing, where liquidity has vanished, and job prospects or support for young families is nearly non-existent.
And what about the French. Well there lazy aren't they even though their productivity is higher than America's. But their economy is tanking, employment is rising and hard times are approaching for them.
We've become accustomed to hearing how the population of each individual country is somewhat delinquent. Individually each argument bears some truth but is often framed in an odious fashion full of stereotypes.
However start to look at the collective picture.
Greece 11 million, Portugal 10, Ireland 6 million, Spain 47 million, Italy 61 million, France 65 million, Cyprus 1 million.
The populations of the individually delinquent European nations total 201 million. The European Union has 503 million. 40% (approx.) of the EU are persons individually and solely responsible for the respective mess in their own countries. And you know what they certainly did contribute but with 40% of the union now living in countries either collapsed, collapsing, or simply depressed you have to wonder at what point people begin to collectively wonder about the contribution of the European Union or more accurately the economic model of the European union.
40% of Europe in deep trouble yet somehow its all down to individuals.
That's some myth they have going there isn't it.